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Topic: Young africa looks crypto for payment (Read 466 times)

hero member
Activity: 1148
Merit: 527
April 23, 2019, 04:40:41 AM
#45
Africans have always been aware about crypto and have always been making use of it for the past few years, there came a point in time that an african company known by the name Nigeria was the 3rd largest country that traded crypto as some point in 2017.

Hence, Africans has always been aware about crypto, one thing I know about Africans is that they love to adopt real technology quickly, though not the government but their citizens, the government always think about what they have to gain before adopting any technology.
Nigeria is a great country that you can really trust with things like these, especially their citizens, although I learnt that their government is selfish and care more about themselves, that is why I feel the African government may not really buy into crypto, since they believe that it may really not favor them or be able to exploit people through it.

I am glad that Nigerians are adopting it and if the 3rd largest country can do, then other African countries might follow its part too, seeing them as the giant of Africa I head that they are. So, crypto will really grow a lot in Africa.
copper member
Activity: 126
Merit: 1
WWW.BLOCKCHAIN021.COM
April 20, 2019, 11:02:41 PM
#44
Here is the latest news from coin telegraph
Yung africa looks for crypto payment here is the link all about this good news https://cointelegraph.com/news/young-africa-looks-to-crypto-for-payment
It's means crypto mass adoption continue to become popular
So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.
That maybe their way out of economic crisis, just like what Brazil is doing. They are adopting cryptocurrency and even creating new one. In that way, mass crypto adoption will be possible, and africa looks talking advantage of it.
legendary
Activity: 1470
Merit: 1021
April 20, 2019, 10:12:41 PM
#43
Africa is a hotspot for adoption because so much of the population is unbanked. This is the power of Bitcoin at work.
hero member
Activity: 840
Merit: 516
April 20, 2019, 04:17:38 AM
#42
Here is the latest news from coin telegraph
Yung africa looks for crypto payment here is the link all about this good news https://cointelegraph.com/news/young-africa-looks-to-crypto-for-payment
It's means crypto mass adoption continue to become popular
So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.
Africans have always been aware about crypto and have always been making use of it for the past few years, there came a point in time that an african company known by the name Nigeria was the 3rd largest country that traded crypto as some point in 2017.

Hence, Africans has always been aware about crypto, one thing I know about Africans is that they love to adopt real technology quickly, though not the government but their citizens, the government always think about what they have to gain before adopting any technology.
hero member
Activity: 2828
Merit: 611
April 17, 2019, 12:49:09 PM
#41
This is very pleasing. But the bad thing is that developed countries do not want to introduce blockchain products into their organizations. It was better.
We have been listening about China and Ecuador and many other companies that they have banned it or they do not want to accept it as a payment system but this technology is just unstoppable. This is the reason Microsoft which in the start was not in the mood to use Bitcoin as a mood of payment had already recognized Bitcoin and is using it. With the passage of time, as the benefits get disclosed upon people, they will accept it. It is great to know about Africa’s affinity with blockchain.
full member
Activity: 560
Merit: 100
April 17, 2019, 03:46:34 AM
#40
Great news , good to know that young Africans are getting knowledge about crypto and using it for  payment.Mass adoption is coming and nobody can stop it ,people start believing in crypto more and more everywhere.
legendary
Activity: 1554
Merit: 1054
April 17, 2019, 03:00:25 AM
#39
Here is the latest news from coin telegraph
Yung africa looks for crypto payment here is the link all about this good news https://cointelegraph.com/news/young-africa-looks-to-crypto-for-payment
It's means crypto mass adoption continue to become popular
So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.
Africa is seriously not left behind in the adoption of crypto currency, the volume of adoption coming from Africa, especially the largest countries there are so high in number and I am sure if we are to calculate their own percentage contribution from the market cap, it should get to at least 10%, although that figure is not fact.

The only thing I have not yet seen from Africa is ICO, which these scam things are not from that part. The only project I have heard of which I didn’t participate in the campaign is one AFCASH I think, they are not completely developed from Africa but I think they have something related to Africa.
copper member
Activity: 560
Merit: 2
April 16, 2019, 03:14:26 PM
#38
This is great news for me and the cryptocurrency community at large. The earlier we get to the point of mass adoption, the best. I believe that with little adoption like this, we are on our way to greater adoption.
copper member
Activity: 411
Merit: 1
April 16, 2019, 03:11:23 PM
#37
There's massive growth of crypto adoption in Africa. The major problem Africa has is Crypto-fiat exchanges, and the little available placed some restrictions to control money laundering. Although a fairly vast population are in doubts because of the early 2018 crash of crypto.
legendary
Activity: 1512
Merit: 1041
April 16, 2019, 02:29:57 PM
#36
Is good that more countries adopt crypto, i even see a coin which already try to get more people on South Africa to use it, via an app and people there can get free coin via cloud mining and with coins can recharge their phones directly with that coin.
This coin they are developing will really go a long way since it has to do with telecommunication, when it comes to telecom, Africa is really freak about it and they make calls a lot, and coming from South Africa, they have really had very great record in holding on to projects and getting it monopolized in some of the African countries they go, using DSTV as reference.

So, if they can get these project monopolized too, it will gain attention of lots of African citizens which will create cryptocurrency awareness to them to. I really see a very promising future for the cryptocurrency with lots of projects that are being developed with the blockchain technology.
sr. member
Activity: 868
Merit: 251
April 16, 2019, 04:48:29 AM
#35
Recently, I hear a lot about cryptocurrency from various sources. And it makes me very happy. It's nice to know that we continue to build our cryptocurrency industry and in the future it will be even better. I know that many banks in the USA have implemented a blockchain system and use XRP tokens.
copper member
Activity: 364
Merit: 0
April 15, 2019, 02:26:01 PM
#34
Cryptocurrencies will be more accepted in countries where people still do not have banks, in countries where people only have a mobile phone and thanks to it, they can easily receive and send money - cryptocurrencies.

I so must believe in the technology behind cryptocurrency and Blockchain, so this is the future where it will be adopted everywhere and more and more people will dive into it,it just a matter of time and patient is required.
member
Activity: 560
Merit: 10
April 15, 2019, 08:44:37 AM
#33
Indeed good news for the whole crypto community including traders and bounty hunters. Despite difficulties and troubles on its way, cryptocurrency is moving ahead overcoming such obstacles. Going by the history, any invention that has good purpose and is to make changes in the lives of the whole people has to do much struggles to exist and win. Cryptocurrency is also in the same situation now. However, it is being accepted gradually by the whole world.
jr. member
Activity: 378
Merit: 2
April 15, 2019, 08:33:17 AM
#32
Africa will be next after south america. I'm surprised it hasn't happened already with all the corruption taking place from the high ranking officials. Perhaps it is because the poorer people aren't connected yet.

I can tell you categorically that virtually 50% of bankers and most online users are crypto freak and they also use their cryptocurrency for transactions, they buy into the idea of currency than just investment.
sr. member
Activity: 714
Merit: 253
April 15, 2019, 06:05:39 AM
#31
This is very pleasing. But the bad thing is that developed countries do not want to introduce blockchain products into their organizations. It was better.
hero member
Activity: 1414
Merit: 516
April 14, 2019, 09:00:51 PM
#30
Is good that more countries adopt crypto, i even see a coin which already try to get more people on South Africa to use it, via an app and people there can get free coin via cloud mining and with coins can recharge their phones directly with that coin.
full member
Activity: 630
Merit: 100
April 14, 2019, 12:53:48 PM
#29
Africa will be next after south america. I'm surprised it hasn't happened already with all the corruption taking place from the high ranking officials. Perhaps it is because the poorer people aren't connected yet.
sr. member
Activity: 742
Merit: 395
I am alive but in hibernation.
April 14, 2019, 12:26:26 PM
#28
Have you guys heard about the Hyperbitcoinization?

https://nakamotoinstitute.org/mempool/hyperbitcoinization/

Not only Africa, it is going to happen on all the countries who have weak currency. Citizen of these countries always like to preserve/earn currency that is better than their currency.
jr. member
Activity: 73
Merit: 1
April 14, 2019, 12:06:59 PM
#27
Here is the latest news from coin telegraph
Yung africa looks for crypto payment here is the link all about this good news https://cointelegraph.com/news/young-africa-looks-to-crypto-for-payment
It's means crypto mass adoption continue to become popular
So this news make altcoins become useful because crypto meaning is was include altcoins to become useful as mode of payment.

Very nice news I am very happy by reading this news
And wish cryptocurrency adopted by all countries of the world and accept as various payments in cryptocurrency

legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
April 14, 2019, 11:54:51 AM
#26
There is nothing really you can do to avoid inflaiton in africa there except to save your money into different currency. Their inflation has lately becoming crazy take a look at venezuela’s inflation it is like their money worth nothing, so making movement to save yor wealth in form of bitcoin is not a bad idea.
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